Microsoft® Excel® 2010: Data Analysis and Business Modeling

Chapter 16. The Auditing Tool

Questions answered in this chapter:

• I’ve just been handed a five thousand–row worksheet that computes the net present value (NPV) of a new car. In the worksheet, my financial analyst made an assumption about the annual percentage of the growth in the product’s price. Which cells in the worksheet are affected by this assumption?

• I think my financial analyst made an error computing Year 1 before-tax profit. Which cells in the worksheet model were used for this calculation?

• How does the auditing tool work when I’m working with data in more than one worksheet or workbook?

When we hear the word structure, we often think about the structure of a building. The structure of a worksheet model refers to the way input assumptions ...